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    43 Ny-59 Nanuet, NY 10954

    Sponsored
    For Lease
    Contact for pricing

    Nanuet retail center, high traffic, strong tenants.

    Lot size:
    252,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail opportunity presents 252,000 square feet of prime commercial space within Rockland Center, a thriving shopping center located on Route 59, Nanuet's main retail corridor. The property boasts a total of 29 suites across six single-story buildings, currently featuring a diverse mix of established national and regional tenants including ALDI, TJ Maxx, Sierra, Marshalls, HomeGoods, Kirkland’s Home Décor, Michaels, PetSmart, Party City, AutoZone, Optimum, McDonald’s, Chili’s, Five Guys, Sterling Optical, H&R Block, and West Nyack Pharmacy. Two spaces are immediately available, ranging from 2,000 to 10,000 square feet, with an end cap development pad opportunity also available. The center benefits from excellent visibility and accessibility, with 1,200 parking spaces to accommodate ample customer traffic. Route 59 boasts an impressive daily traffic count of 31,763 vehicles. The property's strong demographics and proximity to additional major retailers such as At Home, Stop & Shop, 24 Hour Fitness, GAP, Regal Cinema, Apple, Petco, Five Below, Costco, Verizon, Dollar Tree, Target, Starbucks, Home Depot, and Kohl's further enhance its appeal. The property underwent renovations in 20XX and offers a combined common area maintenance and tax cost of $9.02 per square foot. Contact us for rental details.

    Property Features for 43 Ny-59

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    252,000 SF

    Building Details

    Year Renovated
    20
    Buildings
    6
    Stories
    1

    Unit(s) available at that property

    Space
    15A
    Size
    10,000 SF
    Space
    27A
    Size
    2,000 SF

    HighLights

    • 252,000 square foot shopping center.
    • Located on Route 59, Nanuet's main retail corridor.
    • Offers 1,200 parking spaces.
    • Excellent demographics.
    • Rent: Call for details.
    • CAM/Taxes: $9.02 per square foot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Map

    City
    Nanuet
    County
    Rockland
    State
    New York
    Longitude
    -74.004628118008
    Latitude
    41.091688083424

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    FAQs

    What type of property is this?
    Neighborhood center - Nanuet retail center, high traffic, strong tenants.
    Where is this neighborhood center located?
    The property is located at 43 Ny-59 Nanuet, NY.
    What are key features of this property?
    This property features: 252,000 square foot shopping center.; Located on Route 59, Nanuet's main retail corridor.; Offers 1,200 parking spaces.
    Request Owner's contact information
    43 Ny-59 Nanuet, NY 10954
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    Nanuet, NY 10954
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    43 Ny-59 Nanuet, NY 10954
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